NOT LISTED FOR SALE

1692 Deep Creek Dr Unit 31 McHenry, MD 21541

Estimated Value: $460,000 - $695,000

3 Beds
2.5 Baths
1,363 Sq Ft
$407/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $550,000 $404 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,741/month

2 Days on Market

Highlights

  • Pier or Dock
  • Home fronts navigable water
  • Fishing Allowed
  • Accident Elementary School Rated 9+
  • Canoe or Kayak Water Access
  • Lake View

About This Home

As of October 2023

Sunplace end-unit with premium lake access and views of Deep Creek Lake and Wisp ski resort! Luxurious upgrades throughout featuring rustic decor, A/C, a tiled shower and soaking tub in the primary bathroom, granite counter tops, and stainless steel kitchen appliances with a stone back-splash and stone veneer around the kitchen island. Take in views of Deep Creek Lake, the ski slopes of Wisp resort, and the holiday firework displays from the main level deck featuring newer trek decking. The Sunplace community features an indoor heated pool, clubhouse, and level lakefront with a picnic area, sand box play area, and canoe/kayak racks. All of this within just a few minute drive to Wisp ski resort and all Deep Creek restaurants, marinas, and shops! Well established, 5-star reviewed AirBnB rental with a strong history that grossed over $85K in 2022!

Last Agent to Sell the Property

Mike Kennedy

(301) 616-6106 mkennedy@railey.com Railey Realty, Inc. License #529372 Listed on: 09/24/2023

Railey Realty, Inc.

Last Buyer's Agent

Betsy Spiker Holcomb

(301) 616-5022 betsy@deepcreeksales.com Taylor Made Deep Creek Vacations & Sales License #518606

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,706

Year Built

  • Built in 1989

Lot Details

  • Home fronts navigable water

HOA Fees

  • $400 Monthly HOA Fees

Property Views

  • Lake
  • Scenic Vista
  • Mountain

Home Design

  • Block Foundation
  • Shingle Roof
  • Cedar

Interior Spaces

  • 1,363 Sq Ft Home
  • Property has 4 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Sliding Doors
  • Dining Area

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Soaking Tub

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Canoe or Kayak Water Access
  • Property is near a lake
  • Limited Hours Of Personal Watercraft Operation
  • Swimming Allowed
  • Lake Privileges
  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 31
  • Assessor Parcel Number 1218043912

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pier/dock maintenance, pool(s), road maintenance, snow removal, trash
  • Sunplace Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Pier or Dock
  • 1 Community Docks
  • Community Indoor Pool
  • Fishing Allowed

Pet Policy

  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,706

Year Built

Built in 1989

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: All Nest, Google, and Sonos products do not convey. Items in owner's closet do not convey as well.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-10-01
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Stainless Steel Appliances, Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Luxury Vinyl Tile, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Primary Bath(s), Soaking Tub, Upgraded Countertops
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall, Vaulted Ceilings
  • Foundation Details: Block
  • Levels Count: 4
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1363
  • Living Area Sq Ft: 1363
  • Price Per Sq Ft: 385.91
  • Above Grade Finished Sq Ft: 1363
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1692

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar
  • Exterior Features: Secure Storage
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Lake, Water, Scenic Vista, Mountain
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Limited Hours Of Personal Watercraft Operation (PWC), Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Deep Creek Lake
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 400.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Pier/Dock, Pool - Indoor, Reserved/Assigned Parking, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Road Maintenance, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139907558
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Year Assessed: 2023
  • Zoning: TC
  • Zoning Description: Town Center
  • In City Limits: No

Rental Info

  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 2706.00
  • Assessor Parcel Number: 1218043912
  • Tax Lot: 31
  • Tax Total Finished Sq Ft: 1363
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/30/2023

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2023
Closed on
Oct 30, 2023
Sold by
Pancholi Rumit
Bought by
Funkhouser Robert and Funkhouser Tina
Seller's Agent
Mike Kennedy
Railey Realty, Inc.
Buyer's Agent
Betsy Spiker Holcomb
Taylor Made Deep Creek Vacations & Sales
List Price
$525,999
Sold Price
$550,000
Premium/Discount to List
$24,001
4.56%
Views
48
Current Estimated Value
$554,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,201
Avg. Annual Appreciation
0.40%
Original Mortgage
$385,000
Outstanding Balance
$374,365
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$179,836

Purchase Details

Listed on
Jun 19, 2019
Closed on
Nov 5, 2019
Sold by
Vrescak Julius L and Baker Vrescak Rebecca A
Bought by
Pancholi Rumit
Seller's Agent
Doug McClive
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Mike Kennedy
Railey Realty, Inc.
List Price
$310,000
Sold Price
$299,000
Premium/Discount to List
-$11,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.55%
Original Mortgage
$269,100
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2013
Closed on
Aug 13, 2013
Sold by
Roche Brien A and Roche Antoinette K
Bought by
Vrescak Julius L and Baker Vrescak Rebecca A
Seller's Agent
Doug McClive
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Ed King
Taylor Made Deep Creek Vacations & Sales
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$160,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 1988
Sold by
Spiker Adrian A
Bought by
Roche Brien A and Roche Antionette K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,900
Interest Rate
10.38%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Funkhouser Robert $550,000 Lake Title
Funkhouser Robert $550,000 Lake Title
Pancholi Rumit $299,000 Deep Creek Title Group
Vrescak Julius L $200,000 Sage Title Group Llc
Roche Brien A $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Funkhouser Robert $385,000
Closed Funkhouser Robert $385,000
Previous Owner Pancholi Rumit $269,100
Previous Owner Vrescak Julius L $160,000
Previous Owner Roche Brien A $104,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $550,000 +4.6% $404 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/24/2023 09/24/23 For Sale $525,999 +75.9% $386 / Sq Ft
11/08/2019 11/08/19 Sold $299,000 0.0% $219 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
09/04/2019 09/04/19 Price Changed $299,000 -3.5% $219 / Sq Ft
06/19/2019 06/19/19 For Sale $310,000 +55.0% $227 / Sq Ft
08/21/2013 08/21/13 Sold $200,000 -4.8% $147 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $210,000 -- $154 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,966 $387,333 $0 $0
2024 $4,232 $318,667 $0 $0
2023 $3,345 $250,000 $50,000 $200,000
2022 $3,123 $231,667 $0 $0
2021 $2,897 $213,333 $0 $0
2020 $2,648 $195,000 $39,000 $156,000
2019 $2,603 $191,667 $0 $0
2018 $2,433 $188,333 $0 $0
2017 $2,269 $185,000 $0 $0
2016 -- $185,000 $0 $0
2015 -- $185,000 $0 $0
2014 -- $195,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDGA2005888

Bright MLS

APN: 18-043912